Litquidity

Who is 'Lit,' the man litquidity the Litquidity Instagram account with going onfollowers?

A financial meme account run by an anonymous former Wall Street banker has become essential viewing for hundreds of thousands of people in the industry. Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives. From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox. Litquidity sells merchandise too, satirising disgraced and defunct financial institutions such as Lehman Brothers and Bear Stearns. His other ventures include a deal signed in January with headhunting firm Whitney Partners.

Litquidity

Things you buy through our links may earn Vox Media a commission. On November 9, the day that Pfizer announced its coronavirus vaccine was more than 90 percent effective, a video appeared on the Instagram and Twitter feeds of the Wall Street memelord known as Litquidity Capital. It was a fast-tempo mash-up of familiar GIFs from around the web, recaptioned to represent various forces in the markets. In this bulliest of markets, with prices popping on everything from stocks to bitcoin to corn futures, Litquidity has emerged as a giddy and astute observer of finance high and low, followed by Reddit day traders and private-equity sharks alike. In late April, the anonymous creator behind Litquidity appeared on my laptop screen in a Zoom window with the video turned off. With a trace of a southern accent, he described himself as a man of average height with a quiet, reserved demeanor. Wall Street is opaque to most of the world, but every so often one of its members will wander onto the internet to give laypeople a peek at what happens inside. But unlike his pseudonymous predecessors — the Goldman Sachs Elevator Twitter account or the disgruntled blogs of Leveraged Sell-Out — Litquidity spoke in pictures. His memes dissected the farce of high finance, poking fun at everything from the cruel incompetence of his managing directors to the monotonous garb of his colleagues. Meanwhile, at work, he kept up his act as a model employee.

Is Katie Britt out? Bloomberg UBS is offering Credit Suisse bankers temporary jobs litquidity it tries to work out who to keep. No matter where you fell on the investing food chain, memes were becoming a lingua franca, capable of communicating the absurd motivations driving litquidity pandemic economy, litquidity.

Litquidity or "Lit" for short, to avoid confusion with the company name founded the brand back in March Lit is a former investment banker and private equity investor turned full-timer memer and angel investor, currently scouting on behalf of Bain Capital Ventures and co-investing alongside tier 1 VCs. Lit received a bachelor's degree from an Ivy League college. Lit currently resides in New York City and is passionate about increasing transparency on Wall Street, hunting for the next unicorn and decacorn investments, dining at Dorsia, and getting lit af on the weekends. We've got Karl Smith, CFA Level 1 Candidate and a few other minions from prestigious universities with investment banking internships lined up for this upcoming summer.

Inside the rise, ambitions, and secret identity of the ex-banker dominating Wall Street's rumor mill. No one expected an anonymous Instagram account to send the global banking powerhouse Goldman Sachs into panic mode. The Instagram meme account Litquidity published a slide deck produced by 13 Goldman Sachs investment-banking analysts. In the presentation, the entry-level bankers described the isolation of working during the COVID pandemic, when they were busier than ever thanks to a mergers-and-acquisitions boom. The deck was never meant to be seen outside the firm, and it's still unclear how Litquidity got ahold of it. The deck kicked off a game of one-upmanship among Wall Street banks trying to keep their employees happy. Watching all this unfold was "Lit," as he calls himself — the man behind Litquidity, which now has more than , followers.

Litquidity

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Edward Ruff, 40 year-old Citigroup MD accused of shouting at juniors, had a rough start. Financial News. A doctor chalked it up to stress, but Litquidity was bothered by the indifference shown to him by senior bankers. Sign in. A financial meme account run by an anonymous former Wall Street banker has become essential viewing for hundreds of thousands of people in the industry. The likeliest explanation is that the royal press team is incompetent. By Matt Stieb. Litquidity in Central Park on May 6. Follow Us. Most of them are juniors. It was, in other words, a moment perfectly captured by memes, and Litquidity seized upon the occasion. Subscribe to The Week Escape your echo chamber. Escape your echo chamber. February 7,

Liquid Basics Liquids are the second state of matter we will talk about.

Enter your email: Please enter a valid email address. Sign up to Morning Coffee! Goldman's cuts are presumably part of the second round of layoffs flagged in late May. Litquidity has an expanding roster of sponsors that he thinks will eventually bring in enough revenue to equal his banking salary. By Benjamin Hart. The Week is part of Future plc, an international media group and leading digital publisher. R Investment Partners. By Jonathan Chait. Media Offerings. Things you buy through our links may earn Vox Media a commission.